<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Oil-gas News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=28&amp;catid=154</link><description>News Feed for - Oil-gas</description><item><title>Oil rises above $76 amid weak demand, dollar drop</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96347590&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T09:46:00</pubDate><description>SINGAPORE -- Oil prices rose above $76 a barrel Wednesday in Asia as investors mulled whether signs of a sluggish U.S. economy and weak crude demand justify a further sell-off this week. Benchmark crude </description><source>Washington Post</source></item><item><title>UPDATE 3-Oil rebounds above $76, awaits U.S. data</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96442492&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T11:33:00</pubDate><description>LONDON, Nov 25 (Reuters) - Oil rose above $76 a barrel on Wednesday as the dollar weakened and investors awaited a report on U.S. inventories expected to show rising crude stockpiles and lower distillate </description><source>Reuters India</source></item><item><title>Japan's Chubu to buy stake in Gorgon LNG project</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96449089&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T09:24:00</pubDate><description>TOKYO, Nov 25 (Reuters) - Japanese utility Chubu Electric Power Co (9502. T) said on Wednesday it decided to acquire 0.417 percent of Australia's Gorgon liquefied natural gas project from U.S. oil major </description><source>Reuters UK</source></item><item><title>Russia FinMin sees no deficit in 3 yrs with $100 oil</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96462660&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T11:48:00</pubDate><description>MOSCOW, Nov 25 (Reuters) - Russia will not have a budget deficit in three years if oil prices are close to $100 per barrel, Finance Minister Alexei Kudrin said on Wednesday, adding that this is not likely </description><source>Forbes.com</source></item><item><title>U.S. stock index futures signal gains; data eyed</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96445026&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T10:55:00</pubDate><description>* U.S. stock index futures pointed to a higher opening on Wall Street on Wednesday ahead of the Thanksgiving holiday on Thursday, with investors awaiting a slew of economic data. * At 1000 GMT, futures </description><source>Forbes.com</source></item><item><title>Why Country's Oil is Like Prostitutes And Gamblers [column]</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96429681&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T12:15:00</pubDate><description>I was quite tickled that Mr Tony Buckingham, the shrewd ex-mercenary and chief of Heritage Oil, is set to make GBP80million (Shs240 billion) from selling its lucrative oil fields in Uganda. Buckingham </description><source>Individual.com</source></item><item><title>Iraq oilfield deals herald boom for service firms</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96451963&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T08:59:00</pubDate><description>3:40am EST storyKeywords 'US IRAQ OIL SERVICES RTR_ArticleTitle 'Iraq oilfield deals herald boom for service RTR_ArticleBlurb 'By Analysis BAGHDAD (Reuters) Big Oil has led interest in Iraq's oil sector </description><source>Reuters</source></item><item><title>Repsol says not mulling sale of majority YPF stake</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96457508&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T09:34:00</pubDate><description>MADRID, Nov 25 (Reuters) - Spain's largest oil company Repsol (REP.MC: Quote, Profile, Research) is not interested in selling more than a minority stake in its Argentine YPF unit, despite a report it </description><source>Reuters India</source></item><item><title>Danish DUC North Sea oil output falls in Oct</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96377915&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T09:04:00</pubDate><description>COPENHAGEN, Nov 25 (Reuters) - The Danish Underground Consortium's (DUC) oil output from Denmark's part of the North Sea fell by 8.7 percent in October from September, operator A.P. Moeller-Maersk said </description><source>Forbes.com</source></item><item><title>OMV says Nabucco takes priority over South Stream</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96457505&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T09:34:00</pubDate><description>VIENNA, Nov 25 (Reuters) - Austrian oil and gas group OMV (OMVV.VI: Quote, Profile, Research) is interested in receiving gas through Russia's planned South Stream pipeline but the rival Nabucco project </description><source>Reuters India</source></item><item><title>Sinopec to Promote State-standard III Gasoline in 7 Regions - Zib...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96466610&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T12:23:00</pubDate><description>Company: China Petroleum &amp; Chemical Corp. (SNP) China Petroleum &amp; Chemical Corporation (Sinopec; SEHK: 0386; SHSE: 600028) will take the lead in promoting the gasoline meeting the State Emission Standard </description><source>Zibb</source></item><item><title>Paz Q3 profit rises, overcomes oil price drop</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96466594&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T12:20:00</pubDate><description>* Net profit up 7 percent at 246 million shekels * Revenues slide to 3.3 billion shekels, from 4.9 billion * Says economic recovery to boost future results JERUSALEM, Nov 25 (Reuters) - Paz Oil (PZOL.TA), </description><source>Reuters UK</source></item><item><title>'Edeka Mobil launches combi-flatrate' - Zibb.com</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96465722&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T12:18:00</pubDate><description>Company: Vodafone Group Plc (VOD) German mobile discounter Edeka Mobil celebrates its first birthday with the introduction of a combined flatrate for on-net SMSs and calls. The Kombi-Flat costs EUR 3.99 </description><source>Zibb</source></item><item><title>Sinopec &amp; TPG Mull Joint Bid for LyondellBasell Industries - Zibb...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96465635&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T12:17:00</pubDate><description>Company: China Petroleum &amp; Chemical Corp. (SNP) Asia's largest oil refiner China Petroleum &amp; Chemical Co., Ltd. (Sinopec; SEHK: 0386; SHSE: 600028) and US private equity firm TPG Inc. recently considered </description><source>Zibb</source></item><item><title>*XH CNOOC to recall equity of two oilfields in South China Sea, r...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96445536&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T07:31:00</pubDate><description>Company: CNOOC Ltd. (CEO) *XH CNOOC to recall equity of two oilfields in South China Sea, report Copyright (C) 2009 Xinhua Economic News. All rights reserved News Provided by COMTEX Company: CNOOC Ltd. </description><source>Zibb</source></item><item><title>Oil mixed after US data shows slower growth</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96446961&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T07:45:00</pubDate><description>Oil was mixed in Asian trade today as traders continued to digest slower than expected third quarter US growth data, analysts said. New York's main contract, light sweet crude for January delivery, fell </description><source>RTE Online</source></item><item><title>Obama official slams oil industry [Houston Chronicle]</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96428129&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T07:15:00</pubDate><description>11/24/2009 9:35 PM ET 11/24/2009 9:05 PM ET Nov. 25--Interior Secretary Ken Salazar fired back at critics of the federal government's oil and gas leasing program on Tuesday, saying the oil industry was </description><source>BusinessWeek</source></item><item><title>INDIA'S RIL REOPENS 900 OIL STATIONS, SELLING AT PSU RATES - Zibb...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96390455&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T02:03:00</pubDate><description>Company: Reliance Industries Inc (RELDA) The Mukesh Ambani-run Reliance Industries has reopened about two-thirds of its 1,432 petrol pumps in India and is selling about 2,000 kilolitres of auto fuel per </description><source>Zibb</source></item><item><title>Shell calls for carbon market gov intervention-paper</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96432041&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T01:25:00</pubDate><description>LONDON, Nov 25 (Reuters) - Royal Dutch Shell's (RDSa. L: Quote, Profile, Research) chief executive has called on governments to intervene in carbon markets, the Guardian reported in its Wednewsday editions. </description><source>Reuters India</source></item><item><title>UPDATE 1-NAL Oil to raise C$100 million in bought deal</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96344563&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T01:10:00</pubDate><description>Nov 24 (Reuters) - Canada's said it would raise C$100 million ($94.52 million) by offering convertible debentures on a bought-deal basis and use part of the proceeds to repay debt. The company said a </description><source>Reuters</source></item><item><title>Crude oil prices firm before US energy report</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96457418&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T11:13:00</pubDate><description>A man pumps gas into his car in San Francisco, California. World oil prices rose slightly as traders awaited the weekly US energy report and digested slower-than-expected third-quarter American economic </description><source>France24</source></item><item><title>Japan Oct Crude Import Bill 643.6 Billion Yen</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96432000&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T00:58:00</pubDate><description>Optional: Temporarily hide the 'tabber' class so it does not 'flash' on the page as plain HTML. After tabber runs, the class is changed to 'tabberlive' and it will appear. //Function Which Calls Swap </description><source>RTTNews.com</source></item><item><title>NYMEX-Crude steady near $76 ahead of EIA stockpile data</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96429388&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T00:58:00</pubDate><description>TOKYO, Nov 25 (Reuters) - U.S. crude futures hovered just under $76 a barrel on Wednesday, after falling 2 percent the previous day, ahead of a government report on U.S. oil stocks and after an earlier </description><source>Reuters UK</source></item><item><title>Shell's borrowing needs cut with oil at about $80-FT</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96427558&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T00:58:00</pubDate><description>LONDON, Nov 25 (Reuters) - Royal Dutch Shell's (RDSa. L: Quote, Profile, Research) (RDSa. L: Quote, Profile, Research) chief executive is forecasting that the oil giant will not need to borrow any more </description><source>Reuters India</source></item><item><title>Valero falls behind Exxon in US refining capacity</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96425373&amp;Channel_ID=28&amp;Category_ID=154</link><pubDate>2009-11-25T00:54:00</pubDate><description>HOUSTON, Nov 24 (Reuters) - Valero's (VLO.N: Quote, Profile, Research) decision to mothball its Delaware City, Delaware, refinery will strip the company of its status as the largest U.S. refiner and elevate </description><source>Reuters India</source></item></channel></rss>